Auto Loans
Don't be so negative
One Step
Texas Two-Step
Grab Bag
100

One disadvantage to buying a car with financing.

High monthly payments, potential impact on credit score if you miss a payment, less money to spend on other expenses each month, takes longer to pay

100

(-4) + (-7) =

-11

100

3n=45

n=

n=15

100

 15-y=3 

What is y?

y=12

100

The number of credits required to graduate from Chaparral High School

180


200

For a 60 month auto loan, will you pay less interest with a rate of 5% or 8%?

5%


200

-3 - 1 =

-4

200

y-6=200

y=

y=206

200

2w-4=2

w=

w=3

200

Current Governor of California

Gavin Newsom

300

For a $10,000 loan at 5% interest, which term will have a lower monthly payment: 36 months or 60 months?

60 months

"Maybe I shouldn't have done a 144 month loan..."

300

(7)(-3) =

-21

300

d+7=5

d=

d=-2

300

(x-4)/3=8

x=

x=28

300

Mr. H's last name, spelled correctly

HOMRIGHAUSEN



400

List Price: $24,500

Out the Door Price: $27,499

Down Payment: $5,000

Loan Amount/Principal = ????????

$22,499

400

7 + (-20) =

-13

400

r/4=6

r=

 



r=24

400

 3y - 7 =17 

Find y

y=8

400

The Capital of California

Sacramento


500

[insert intelligent advice to a friend about buying a car with financing here]

500

(-3) + 7 - (-6)=

10

500

h-h=

500

 x/3 + 25 = 28 

x=

x=9

500

The largest planet in our solar system

Jupiter